According to a report in the Nassau Guardian (1), which cited Bahamas Acting Commissioner of Corrections Doan Cleare as a source, FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits.” According to the acting commissioner, SBF was spending time in the correctional facility’s hospital ward and taking his meds as prescribed. … Read more
An indictment that was submitted by the Southern District of New York (SDNY) said that the founder of FTX who was detained, Sam Bankman-Fried, made political donations using the names of other individuals. Sam Bankman-Fried, also known as SBF, was taken into custody on December 12 Â by the authorities in the Bahamas. He … Read more
The United States Commodities Futures Trading Commission has filed a lawsuit against the former CEO of FTX, Sam Bankman-Fried, as well as FTX and Alameda Research, alleging that they broke federal regulations governing commodities trading. According to Bloomberg (1), the regulator contends in its lawsuit with the Manhattan federal court that SBF and other FTX … Read more